Pitchforks
KPR MILLS looks an excellent buy at current levelA slew of confluences in the form of PF median,
pivot point and fibos makes me believe that its an excellent pick at current levels
the boring 2nd wavecrab harmonic pattern:
X=$7.16e-5
A=$3.3e-7
AB=0.38 XA
BC=0.88 AB
1.6 BC=$1e-5
2 BC=$2.14e-5
0.78 XA=$2.26e-5
2.24 BC=$3.43e-5
0.88 XA=$3.87e-5
2.6 BC=$7.22e-5
1.13 XA=$1.44e-4
1.27 XA=$3.1e-4
3.6 BC=$5e-4
1.41 XA=$6.5e-4
4.23 BC=$1.73e-3
1.6 XA=$2e-3
BTC Possible Middle Term Scenario
The bear market shouldn't have been over, but we are likely in a relief rally if the price rises above the threshold of around (21600-) 21800.
Beware of still possible correction before the actual bullish move.
Long until December, and maybe short (in January) at 33.5k-34k.
If the market is more bearish, the downtrend could resume at 28k-29k.
I changed my view because the bullish dragon in the related idea now seems to have been active.
The chart and annotation would be self-explanatory: the keys are harmonic patterns and Fibonacci.
To those who hate Gann Square and arcs: Ignore them, or ignore this idea. It's simple. Think twice before you post anything in the comment area.
EURUSD UpdateI looked into the upward move on EURUSD and added this H4 pitchfork last night. This afternoon I was pleased to see the return to the median line slow the move up. I initially added this pitchfork to review my SL and I'm considered adding to my short position.
📈✌UNI Daily analysis✌📉BINANCE:UNIUSDT
COINBASE:UNIUSD
First, please take a look at my previous analysis and positions.
between now and the yellow areas, you can open a long position in two steps.
If the price rises and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6 are on the chart.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ShortI think this fork is still valid, although the price may still deviate, but according to the reaction to the opposite fork, there is a high probability of falling.
go with the FLOWcummon bby
feel the alt szn
*judge judy meme*
You pee on my leg and tell me it's raining
GRI 2022
Geometric Charting, fibs, log
Doge, Tesla and the Median line The Median Line worked pretty well taking the top both in Dogecoin and in Tesla. This chart update this study:
Dogecoin is testing the Center Line level right now and that resistance need to be cleared for a move higher.
Hidden Fork from 1972!Modified Pitchfork locations adjusted and BOOM! Perfect match for trade. Follow the lines!
Yellow lines are CC levels 0.618 and 0.66
DXY updateThe Median Line per I.II.III: DXY back to test the Center Line =dynamic support zone now. The strong trend looks intact. This is a good way to use the Median Line to track the trend consistency.
Update of:
CENTER LINE : 2 bearish scenarios Both in in BTC and SPY charts we have Median Lines that worth a check:
In BTC prices are now under the 50% upside parallel Median Line and the current move could be a pullback of that level, in that case prices could be headed much lower , the Center Line is under 10K right now.
in SPY prices are above the 50% upside parallel but a move back under the 1/2 of the body of the last green candle ( ~373 ) should be seen as an alert to check in case of more downside there to come.
Knowing these patterns may help you have a geometrical map of where price are moving and where could be directed in the future.
No position just sharing the patterns.
USDCHF ShortSome would look at this and say "Head and Shoulders". I think it lost momentum moving to the upper level and will move down to the zone below. At that point I'll reevaluate.
ShortIt seems that this fork is still valid, if the support is maintained, the probability of falling is high
EURUSD LevelsI added historical levels and zones to the EURUSD charts. We are approaching some important levels that it will likely test.
I also added additional deviations off the median line.
Personally I think it's pretty fascinating how closely the price action matches these deviations.
ShortIt seems that the price has reacted well to the forks, if the support is maintained, the possibility of a fall is high
📈✌EURUSD 1H long position✌📉FX:EURUSD
FOREXCOM:EURUSD
💥If the price trend does not break the bottom of the yellow zone, a long position can have a good chance of winning.
Just don't forget to risk-free your position when it reached the TP1 - TP2
TP1-2-3-4-5-6 are on the chart
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
GBPUSD Pitchfork formingI think there's a short run pitchfork forming. I am going to open a position with the SL at 1.2739 and watch over the next week to see if I want to move it up and let it ride.
Uranium ETF Wave ForecastAMEX:URA
URA, the Global X Uranium ETF has completed the first wave of an impulse move, and is in the process of completing a Wave 2 correction.
Wave 2 appears to be a complex correction consisting of two corrective patterns. (Zig-Zag + Triangle)
The triangle is still in the process of completing it's structure.
(I also want to note the possibility that wave 2 has already completed a flat correction and that the triangle shown in this chart could be wave 1 & 2 of the 3rd wave of larger degree.)
Either way, price should begin rising sharply within the next month or two as it completes the triangle correction and begins Wave 3.
Or in the case that Wave 2 is a flat, Wave 3 of 3 could already be on it's way.
I've used a Modified Schiff Pitchfork to form a channel for the rest of this impulse move.
I've kept these projections pretty conservative, the actual move could be much larger.
Wave 3 is a 1.618 extension of Wave 1, and Wave 5 is only slightly larger than Wave 1.
(Wave 5 = .786 of Wave 3, compared to Wave1 being .618 of Wave 3)
Being that Wave 2 is a complex corrective pattern (zig-zag + triangle), I've projected Wave 4 as a flat correction.
(If Wave 3 begins very soon, it would be likely that Wave 2 was actually a flat. If this is the case, expect Wave 4 to be a Zig-Zag)
Disregarding any wave structure, price has formed a giant bull flag.
I'm going to be purchasing some long-dated call options on URA once price breaks out of this bull flag and begins Wave 3.
My conservative targets are Wave 3 = $60 and Wave 5 = $77
Fat_Fat
